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Make Money By Flipping Domain Names

In today’s world flipping Domain names had become a powerful business if done in a right way trading in domains is just like trading in stocks where you select domains and find a buyer for that who can pay you a good amount of what you had invested in that domain. You can earn a profit in trading domain names by two ways. 
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Buy an expired domain
When a domain is purchased it is registered with the buyer for some time generally from a 1 to 10 years and it has to be renewed after that time. Approx. 15000 domains get expired each day this is due to either the owners of these domains forget to renew them on time, or they don’t need them and let them expire.This is the chance you have to look for to select a domain which has value in the market and have traffic built by the previous owner in past years when you select a right expired domain in right time you can gain some profit by reselling them. Now the questions arise who will pay you for that?
Now suppose, you buy a domain which is related to advertisement company e.g. advertisement.com if the owner of this domain carelessly let this domain to expire he will be willing to pay you some extra in return, or in another case if he is not willing to pay other companies working in the same field might get interested in buying this domain to increase their business from previously build traffic on this domain. There are several sites where you can check for expired domains and make money with domains.
Expired DomainsDomcopFreshdropMoonsyNamejet
Buy a new Domain
It is not as simple as its sound to buy a new domain and put them for sale buying of a domain is as easy as it sounds but to resell them is not an easy task. Like every business this one also has risk attached to it risks of unable to sell and the money you invested becomes waste. Although you can buy any domain you like but the question arises whether your selection is acceptable in the market and make some worth. Before buying a domain if some points kept in mind while selecting a domain name your chances of reselling them increases.
Short and east to Remember
Everyone likes short and easy to remember names. Short names are easy to remember and easy to promote so try to keep your domain short and easy to remember.
Geographical Names
Names which are related to a location and containing names of cities country or an area would be a good investment. They are more supported by locals of that area.
Relevant for a search engine
Choose domains names which are search engine friendly suppose if a doctor is selecting a domain name he would prefer words which relate to his business should reflect in his domain for e.g. doctor.com healing.com etc. and search engine friendly names are much easier to sell.
Dot COM factor
More than 40% of total registered domains in a year contains .com extensions. These domains are accepted worldwide and they are preferred by most business houses. If you are selecting your domain to sell in a specific country say U. S then you can try .CO.US but.COM domains have a higher advantage
Upcoming event names
These types of names are related to an upcoming event say 2022olympics.com. as the time of event get closer searches for the event increases this will increase in chance’s for reselling these domains name.
Where to buy domain names?
In order to sell domain names you first have to purchase it, there are some good registrars who can provide you with this facility where you can buy domain names at a reasonable price. On an average, a domain can cost from $5 to $20 depending upon for how many years you register a particular domain. Below is the list of some popular sites where you can buy domains.
Go Daddy
Blue Host
Big Rock
Name cheap
Where to sell domains.
When you have completed all the formalities regarding registering a domain name now you can work on to sell it. To flip a domain name there are many sites which provide this service they have both options of paid member and free membership you can select a site for listing your domain and select your plan if required. However, there are other ways also to sell your domain like advertising in social media, setting up your own website for selling, newspaper ads etc. One has to work on many aspects in order to close the deal like asking price, deal price etc. search for places on internet where your domain can gain more attention, how can your domain be highlighted among buyers and other tactics  for this follow the expert on this field in social media read their articles join and discuss in forums and increase your knowledge.
Best place to sell Domain Names
Flippa
Sedo
Ebay
Brandbucket
Godaddy Auctions
How much can you earn?
You cannot determine a fixed income from selling domain if you select the right domain and lucky enough to get a good buyer then you can make a good amount of money from a single domain. "flipping domain names" can make you rich overnight or you can incur loss so make your decision wisely.


This post first appeared on Syndicate, please read the originial post: here

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Make Money By Flipping Domain Names

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